On 20 July, Oxford Business Group published an interview with Libyan oil minister Khalifa Abdul Sadiq, who spoke about Libya’s efforts to attract investments and achieve its output target of 2 million bpd by 2030, a target he said would require strategic investments across three fronts: redeveloping mature fields, bringing long-discovered but undeveloped greenfield sites online, and unlocking marginal reserves that have long been underutilised. He also said that Europe’s shift towards cleaner fuels presents a significant opportunity for Libya, given its proximity, infrastructure, and untapped gas reserves.
Read the full interview here.